Spain stocks lower at close of trade; IBEX 35 down 1.56%

Aug 10, 2018

Spain stocks were lower after the close on Friday, as losses in the Financial Services&Real Estate, Building&Construction and Telecoms&IT sectors led shares lower.

At the close in Madrid, the IBEX 35 fell 1.56% to hit a new 1-month low.

The best performers of the session on the IBEX 35 were Distribuidora Intl de Aliment (MC:DIDA), which rose 1.34% or 0.027 points to trade at 2.043 at the close. Meanwhile, Inmobiliaria Colonial SA (MC:COL) added 0.43% or 0.040 points to end at 9.260 and Inditex (MC:ITX) was up 0.11% or 0.030 points to 28.050 in late trade.

The worst performers of the session were BBVA (MC:BBVA), which fell 5.55% or 0.330 points to trade at 5.617 at the close. B. Sabadell (MC:SABE) declined 3.89% or 0.056 points to end at 1.384 and Caixabank SA (MC:CABK) was down 3.08% or 0.123 points to 3.880.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 136 to 36 and 19 ended unchanged.

Shares in BBVA (MC:BBVA) fell to 52-week lows; down 5.55% or 0.330 to 5.617.

Gold Futures for December delivery was up 0.02% or 0.30 to $1220.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.29% or 0.86 to hit $67.67 a barrel, while the October Brent oil contract rose 1.21% or 0.87 to trade at $72.94 a barrel.

EUR/USD was down 0.99% to 1.1414, while EUR/GBP fell 0.52% to 0.8939.

The US Dollar Index Futures was up 0.69% at 96.12.